15157 Covello Street, Van Nuys, CA 91405
Property Details
Bathrooms
1
Description
Prime opportunity for investors and developers on this 7,774 sq ft corner lot with two driveways and excellent access. The property offers multiple development paths, including SB 9 Two-Unit Development, a potential Urban Lot Split, or a full ground-up rebuild of two new homes. Corner lots rarely offer this level of design flexibility and efficiency. For value-add buyers, the existing main house also provides strong potential: fix and update the home, convert the detached 2-car garage into an ADU, and/or add an additional detached ADU (if not pursuing SB 9). This creates several viable exit strategies, from rental income to resale of multiple units. A versatile development site in a central Van Nuys location near major freeways, retail, and employment centers. Bring your vision and maximize the potential of this unique parcel.
PROPERTY DETAILS: Square Feet: 811 | Bathrooms: 1
INTERIOR FEATURES: • Appliances: Gas Range • Flooring: Tile, See Remarks • Cooling: Window/Wall Unit, Ceiling Fan(s) • Common Walls: No Common Walls • Doors/Windows: Skylight(s) • Fireplaces: None • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s) • Additional Interior Features: Ceiling Fan(s), Recessed Lighting, Storage
EXTERIOR FEATURES: • Parking: 2 Garage Spaces, 2 Parking Spaces, Driveway, Garage, Gated, Oversized. • Exterior: Stucco, Stone • Patio: Patio, Porch • Roof: Shingle • Pool Description: None • Lot View: Other • Fence: Block • Structural Condition: Fixer • Additional Exterior/Lot Features: Oversized Parking, Patio, Porch Back Yard, Corner Lot, Front Yard, Level
LISTING AGENT: Agent: Luke Smith | Office: Real Brokerage Technologies, Inc. | Phone: 3107020128 | Email: [email protected]
LISTING INFORMATION: MLS#: SR25274636 | Status: FOR SALE
Location
Address
15157 Covello Street
City
Van Nuys
Features and Finishes
Interior Features:
• Appliances: Gas Range
• Flooring: Tile, See Remarks
• Cooling: Window/Wall Unit, Ceiling Fan(s)
• Common Walls: No Common Walls
• Doors/Windows: Skylight(s)
• Fireplaces: None
• Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
• Additional Interior Features: Ceiling Fan(s), Recessed Lighting, Storage
Exterior Features:
• Parking: 2 Garage Spaces, 2 Parking Spaces, Driveway, Garage, Gated, Oversized.
• Exterior: Stucco, Stone
• Patio: Patio, Porch
• Roof: Shingle
• Pool Description: None
• Lot View: Other
• Fence: Block
• Structural Condition: Fixer
• Additional Exterior/Lot Features: Oversized Parking, Patio, Porch Back Yard, Corner Lot, Front Yard, Level
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